>>> Up
*BABCOCK RAISED TO BUY VS NEUTRAL AT BOFA
*DATALOGIC RAISED TO BUY VS HOLD AT BERENBERG
*ENDESA RAISED TO OUTPERFORM AT MACQUARIE
*G4S RAISED TO BUY VS NEUTRAL AT BOFA
*GIVAUDAN RAISED TO BUY VS HOLD AT BERENBERG
*KONE RAISED TO BUY VS UNDERPERFORM AT BOFA
*L’OREAL RAISED TO OUTPERFORM VS NEUTRAL AT CREDIT SUISSE (Note attached)
*SWEDBANK RAISED TO NEUTRAL VS UNDERPERFORM AT CREDIT SUISSE
*TF1 RAISED TO BUY VS HOLD AT HSBC
>>> Down
*ARCELORMITTAL CUT TO UNDERPERFORM VS HOLD AT JEFFERIES
*BOLIDEN CUT TO NEUTRAL VS OUTPERFORM AT CREDIT SUISSE
*BUNZL CUT TO SELL VS NEUTRAL AT GOLDMAN
*DIALOG SEMICONDUCTOR CUT TO UNDERWEIGHT AT JPMORGAN
*DRAX GROUP CUT TO MARKET PERFORM AT BERNSTEIN
*HEXAGON CUT TO NEUTRAL VS BUY AT BOFA
*HUGO BOSS CUT TO EQUALWEIGHT AT BARCLAYS (Note attached)
*JIMMY CHOO CUT TO EQUALWEIGHT AT BARCLAYS (Note attached)
*LVMH CUT TO EQUALWEIGHT AT BARCLAYS (Note attached)
*RANDSTAD CUT TO NEUTRAL VS BUY AT BOFA
*SEB CUT TO UNDERPERFORM VS NEUTRAL AT CREDIT SUISSE
*SPIRAX-SARCO CUT TO NEUTRAL VS BUY AT BOFA
>>> PT Change
*ADIDAS (EW) Lower PT to €85.00 from €88.00 AT BARCLAYS
*BURBERRY (EW) Lower PT to Lower PT to £12.00 from £14.25 AT BARCLAYS
*GRANDVISION (OW) Raise PT to €30.00 from €28.50 AT BARCLAYS
*KERING (OW) Lower PT to €170.00 from €200.00 AT BARCLAYS
*LUXOTTICA (OW) Lower PT to €67.00 from €70.00 AT BARCLAYS
*MULBERRY (EW) Raise PT to £10.00 from £9.50 AT BARCLAYS
*RICHEMONT (OW) Lower PT to CHF85.00 from CHF95.00 AT BARCLAYS
*FERRAGAMO (EW) Lower PT to €24.00 from €28.00 AT BARCLAYS
*SWATCH (EW) Lower PT to CHF350.00 from CHF410.00 AT BARCLAYS
*TOD’S (UW) Lower PT to €72.00 from €75.00 AT BARCLAYS
>>> Initiation
*ABERTIS RATED NEW NEUTRAL AT GOLDMAN; PT EU13.8
*BBA AVIATION RATED NEW BUY AT CITI
*ISS RATED NEW NEUTRAL AT BOFA; PT DKK250
*TUI REINITIATED AT BUY AT KEPLER CHEUVREUX; PT EU18.40
>>> Call
>> Stock
*CAPITA ADDED TO EUROPE 1 LIST AT BOFA